Bank of Uganda

OPINION: Dr Kasekende, BoU should use the prosperity of Ugandans and not the prosperity of banks to measure progress

Muhereza KyamuteteraThe Big StoryApril 13, 2018

On its website, Bank of Uganda says it “100% owned by the Government of Uganda

Dr Kasekende, it is too early to dance on Crane Bank’s grave

Forbes KaluleCompany NewsThe Big StoryThought LeadershipApril 10, 2018April 10, 2018

On April 06th 2-18, Bank of Uganda Governor, Dr Louis Kasekende, spoke out, for the first time in a long time about the sale, by Bank of Uganda of Crane…

Crane Bank saga: Top audit firms KPMG, PwC cited as unfit to probe BoU

Forbes KaluleCompany NewsThe Big StoryThought LeadershipApril 5, 2018April 5, 2018

Two of the auditing firms shortlisted by the Auditor General to examine Bank of Uganda operations in relation to the now controversial sale of Crane Bank to dfcu Bank among other…

Auditor General investigates BoU over ‘donating’ Crane Bank to dfcu

Forbes KaluleCompany NewsApril 4, 2018April 4, 2018

Auditor General John Muwanga has been instructed to do a broad forensic audit into the operations of the bank of Uganda (BoU) and demand accountability of Shs200b, which was injected…

Dfcu to pay Shs200 bn for Crane Bank in 3 years; earns Shs260 bn on the deal in just 11 months

Muhereza KyamuteteraCompany NewsThe Big StoryMarch 31, 2018March 31, 2018

Bank of Uganda sold Crane Bank for Shs200 billion to Dfcu Group; payable over 3 years, in just 11 months after the contentious deal,  Dfcu has reported earning Shs260 billion…

Bagyenda’s wealth mystery widens, sucks in her children: Leaks show she wired Shs500m to her son’s phone

Muhereza KyamuteteraThe Big StoryMarch 28, 2018March 28, 2018

For the disgraced and sacked former central bank Executive Director in charge of supervision, the saying that “when it rains, it pours

Financial Intelligence Authority probes Bagyenda over money laundering

Muhereza KyamuteteraThe Big StoryMarch 24, 2018March 24, 2018

The Uganda Financial Intelligence Authority (FIA), has formally placed former Bank of Uganda Executive Director, Supervision, Mrs. Justine Bagyenda under investigation over allegations that “the assets and finances she has…

Mutebile dismisses IGG directives on Bagyenda as “redundant”

Muhereza KyamuteteraThe Big StoryMarch 22, 2018September 29, 2019

Efforts by the sacked Bank of Uganda former Executive Director of Supervision, Justine Bagyenda to have the Inspectorate of Government quash Governor Tumusiime Mutebile’s decision to dismiss her have hit…